PEN 0.00% 9.4¢ peninsula energy limited

uranium rush ahead, page-11

  1. 224 Posts.
    The US and Russia appear to be ready to engage in another nuclear disarmament pact in which 80% of missiles are decomissioned, presumably as currently a lot of warhead enriched uranium will be converted into nuclear plant nuclear fuel.

    I presume this will be used to extent the current decomissioning process so will not mean a significant over supply of the uranium for nuclear power plant, but will probably hold back uranium prices from booming.

    Any views ?
 
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